Industry
Platforms’ role to grow as client data becomes increasingly crucial
The visibility of data to which platforms have access is going to become increasingly valuable says Barry Neilson, business development director at Nucleus.
Axa Insurance Ireland fined for adviser competency breaches
The Central Bank of Ireland has fined Axa Insurance €675,000 (£567,263, $747,860) for failing to ensure that staff members advising on retail products were appropriately supervised.
Investment | 29 Jul 16
Advisers, platforms to drive global ETF assets to over $7trn
Growth in exchange traded funds (ETFs) is expected to accelerate over the next five years driven by financial advisers and platforms, with global assets under management (AUM) set to exceed $7trn (£5.3trn, €6.3trn) by 2021, according to a PwC report.
Tax & Regulation | 29 Jul 16
UK reports record £5bn in IHT as Prudential spots advice ‘boom’
The British tax office has set a new record by raising nearly £5bn ($6.6bn, €5.9bn) in inheritance tax (IHT), according to the latest figures from HM Revenue and Customs (HMRC).
Best Practice | 29 Jul 16
The key value of advice in a fast changing world
In the increasingly and often unnecessarily complex world of personal finance, the biggest value of a financial adviser may be in managing customer behaviour, argues John Astrup, who runs the Zurich savings and investment propositions in the Middle East.